Developer Files for Bankruptcy
Posted on Apr 29, 2012 6:05pm PDT
The Jersey City developer Liberty Harbor North Inc. has reportedly filed for bankruptcy. According to reports, the business is filing in order to resolve a $21 million court judgment related to a project. The company has reportedly struggled due to this judgment and not because of the economic downturn. The business plans to resolve this matter and move forward with operations as normal.
It’s never easy to file for bankruptcy, but it doesn’t have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your life again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter.
With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.